The Nigerian naira could weaken to its lowest level this year next week with no more central bank forex auctions scheduled, but other African currencies are seen stable or stronger as the holiday season approaches. NIGERIA The naira NGN=D1 is … read more
Militants on Saturday claimed to have attacked three pipelines operated by the US oil giant Chevron and Italian firm Agip in Nigeria’s oil hub. The Niger Delta Liberation Force (NDLF) said it staged the attacks on Friday in the key … read more
In the dusty streets of northeastern Nigeria, far from the battlegrounds of Afghanistan, a group known as the Nigerian Taliban is waging war against a government it refuses to recognize. The radical Muslim sect called Boko Haram was thought to … read more
The Nigerian man accused of attempting to bomb a Northwest flight bound for Detroit on Christmas Day last year is moving toward trial and hasn’t been in plea negotiations with prosecutors, his standby lawyer said Thursday. Umar Farouk Abdulmutallab appeared … read more
Congress For Progressive Change (CPC) presidential aspirant, General Muhammadu Buhari declared yesterday that next year’s elections would determine Nigeria’s future Speaking in a statement in Abuja, Buhari said, “I am doing this (contesting for President) not for myself alone but … read more
Delta Airline on Thursday said it had transported more than 336,000 passengers from Nigeria to the U. S. since it began operations in Nigeria in December 2007. The airlines’ Commercial Manager for East and West Africa Bobby Bryan made this … read more
Nigeria’s police chief on Thursday harshly criticised officers for failing to stop attacks blamed on Islamist sect members and suggested members of the force were tipping them off. Hafiz Ringim, during a visit to the northeastern city of Maiduguri, where … read more
A group of governors from Nigeria’s ruling party on Thursday called on President Goodluck Jonathan to seek only one more term in office as the party tries to quell divisions ahead of April elections. Following a meeting of high-ranking members … read more
THE battle for the Peoples Democratic Party’s (PDP’s) presidential ticket assumed a dangerous dimension on Thursday over a statement credited to former vice-president, Alhaji Atiku Abubakar, in which he alluded to violent take-over of government. The statement by the former … read more
Washington is delighted by the deal Abuja struck with Halliburton to drop corruption charges against former Vice President Dick Cheney. State Department officials described the agreement to have Halliburton pay a hefty fine as “a private arrangement between Nigeria and … read more